Xplore Technologies Reports Fiscal First Quarter 2017 Results


   FY 2015
   1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD
       
Revenue$8,267 $7,522 $16,443 $10,407 $42,639 
Cost of revenue 5,203  5,255  10,569  7,293  28,320 
  Gross profit 3,064  2,267  5,874  3,114  14,319 
       
Expenses     
 Sales, marketing and support 1,598  1,714  1,630  1,410  6,352 
 Product research, development & engineering 991  739  815  992  3,537 
 General administrative 1,007  977  980  1,139  4,103 
Total operating expenses 3,596  3,430  3,425  3,541  13,992 
       
  Profit/(loss) from operations (532) (1,163) 2,449  (427) 327 
       
Other expenses     
 Interest expense  (1) (2) -  (3)
  Cost of integration   -     -     -     -     -  
  Other income/expenses   (19 )   (3 )   (7 )   (7 )   (36 )
      (19 )   (4 )   (9 )   (7 )   (39 )
             
  Income/(loss) before taxes   (551 )   (1,167 )   2,440     (434 )   288  
  Income taxes   -     -     (39 )   -     (39 )
Net income $ (551 ) $ (1,167 ) $ 2,401   $ (434 ) $ 249  
             
  Depreciation & amortization   172     264     253     230     919  
  Interest expense   -     1     2     -     3  
  Income taxes   -     -     39     -     39  
  EBITDA   (379 )   (902 )   2,695     (204 )   1,210  
             
  Non-cash compensation   159     166     152     207     684  
  Cost of integration   -     -     -     -     -  
  Adjusted EBITDA $ (220 ) $ (736 ) $ 2,847   $ 3   $ 1,894  
             
Key Statistics          
  Gross margin   37.1 %   30.1 %   35.7 %   29.9 %   33.6 %
  Operating margin   -6.4 %   -15.5 %   14.9 %   -4.1 %   0.8 %
  Periodic revenue %   19.4 %   17.6 %   38.6 %   24.4 %   100.0 %
  Quarter over Quarter          
  Revenue Change %   -0.9 %   -9.0 %   118.6 %   -36.7 %  
                             
 Contact  Information:
Tom  Wilkinson   
Chief  Financial  Officer
(512)  637-1162
twilkinson@xploretech.com
                                                                                                                  
Darrow  Associates  Investor  Relations
(512)  696-6401
xplr@darrowir.com 

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